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Oil Oil Nearing Buy of the Century
It feels like forever since WTI crude hit 120 in June as it is sitting around $75 a barrel today as oil continues its plunged towards lowest levels of 2021.But this weakness could be getting close to lows says Money Morning trader Garrett Baldwin, who … Read more » -
Oil The Diesel Crisis Is Getting Worse - Here's What to Do
Here in the U.S., the nation remains under 25 days' diesel supply.With cold weather and snow pressing across the Northeast, American citizens are forced to cut back on heating oil.They’re turning off their thermostats – wrapping themselves in blankets … Read more » -
Oil “Windfall Tax” or Not, These Oil Stocks Are Still a Buy
President Biden took another jab at Big Oil yesterday, taking aim at a record $30 billion in combined industry earnings this quarter.He threatened higher taxes on oil companies should they fail to work to lower consumer gas prices.Americans continue to … Read more » -
Economic Data Watchlist: How These Two Earnings Calls Affect Today’s Market
Garrett Baldwin examines the impact of earnings calls from two financial giants, and provides a snapshot of market moves to watch. Read more » -
Trading Strategies My Top Five SPDR Picks for 2021 and Beyond
The S&P 500’s up rather nicely, hitting an all-time closing high, ever since Pfizer and Moderna announced their COVID-19 vaccine news.But not everyone has yet caught on to all this “pent-up demand” and all the profit opportunities it … Read more » -
Dow Jones Dow Jones Today Could Rebound After a Four-Week Losing Streak
The Dow Jones today could bounce back after a four-day losing streak as Congress works toward another stimulus bill.The S&P 500 is coming off its fourth consecutive losing week, with the latter off as much as 10% in September.The … Read more » -
oil The 3 Best Oil Stocks to Own as Crude Prices Keep Rallying
WTI crude oil prices continue higher in 2019 and are now up almost 40% from their December lows. While consumers are feeling the effects of near $60-per-barrel oil prices at the gas pump, the rally has created a huge opportunity for … Read more » -
Oil One of My Favorite Drillers Is Set to "Strike It Rich" All Over Again
The Delaware Basin in arid western Texas and southern New Mexico used to be a good deal more inviting than it is today. In fact, around 300 million years ago, when the region was south of the Equator, the area was a lush, tropical reef … Read more »
